Ganapati Microfinance to convene AGM on Poush 04; Agenda to approve 7% bonus and 50% right shares

Ganapati Microfinance (GMFBS) will be convening its third Annual General Meeting on Poush 04, 2076 Friday at Jungle Park Resort, Sukla Gandaki - 03, Tanahun from 3 PM onwards.

The 61th Board Meeting held on Kartik 29, 2076 has decided on the following agendas to be discussed in the AGM:

• Approval of the Annual Report to be presented by the Chairman along with financial statements for the year 2075/76.
• Approval of 7% bonus shares worth Rs 72.45 lakh along with cash dividend worth Rs 3.81 lakh for tax purpose.
• Election of 2 directors from ordinary shareholders group.
• Appointment of auditor for the year and determination of remuneration.
• Approval of 50% right shares from the issued and paid-up capital of Rs 11.07 crore after the adjustment of bonus.

The book closure date has been announced at Mangsir 18, 2076. Therefore shareholders maintained on Mangsir 17, 2076 will be eligible to participate in AGM and claim the dividend.

Announcement